The future ain't what it used to be (Yogi Berra): there are more price risks and stressors on cattle markets than ever, and the predictability of cattle markets is at an all-time low. Livestock insurance is not new but is recently gaining adoption as a reliable risk tool to prevent catastrophic financial losses and prepare for uncertainties such as drought. Listen to Jack Field, with CKP Insurance, discuss insurance products with Dr. Shannon Neibergs, WSU livestock economist and director for the Western Center for Risk Management Education. For more information, contact Jack directly at [email protected] or (509) 929-1711 .

Transcript: https://bit.ly/3x5mbIC

More information from USDA Risk Management Agency on LRP is available at https://www.rma.usda.gov/Policy-and-Procedure/Insurance-Plans/Livestock-Insurance-Plans.